Development Sites

Land Subdivisions

The words “property development” and “development valuation” should go hand in hand. This is because without a carefully constructed budget or detailed development valuation in place, the risks associated with a development opportunity should be considered to be unmanaged and consequently the chances of achieving a successful project outcome are significantly reduced.

Residential subdivision can consist of large to medium scale "releases" of land for extension of urban areas or smaller scale "local" subdivision and is usually associated with single dwelling houses. Valuations of these mainly depends on the englobo land extent, however the valuer need to loot at the potensial allotments arrive at the figures.